Daily market summary,plan charts and data of NF – 19May’26

Short covering double disbn up day with POC up in last session. they had a higher open pushed above PDH failed to hold and pulled back down in IB which could not stay below POC, then bounced again to get just IBH swipe..then all day gone for tight range low volume auction and closed with spike down at low.

Failed auction at top.,

Neutral extreme down day.

Spike down - 23576-23627-23670 spike zone. Staying in/below spike zone = weakness ; above spike high = squeeze.

Levels wise not able to stay above 23630 and moving below 23580 could get 23540-23525 bounce else slow liquidation down odds towards 23485/23455 pause later below 23445 could get 23410/23370/23340-23320 if that goes means spike down again possible.

Not able to stay below 23500 and back above 23590 could get 23620/23650/23680 reject else squeeze to 23730/23765-23775 if sustains 23805/23840/23890/23935 odds.

Chart and data :